Investors Council meeting discusses reforms for Georgia’s European integration
A meeting of the Investors Council, chaired by Georgian Prime Minister Irakli Garibashvili, on Wednesday discussed ongoing reforms for Georgia’s European integration. Photo: PM's press office
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A meeting of the Investors Council, chaired by Georgian Prime Minister Irakli Garibashvili, on Wednesday discussed ongoing reforms for Georgia’s European integration and the body’s involvement, the Government Administration said.
The body said the meeting highlighted the positive recommendation of the European Commission on granting the country the European Union membership candidate status, with Garibashvili calling it a “historic decision” that gave Georgia “new opportunities”.
The Council discussed amendments to be introduced to the Law on Entrepreneurs, which involve postponement of business re-registration, promoting export of Georgian products to the EU and availability of new financial instruments.
Participants also reviewed investment environment in the country, progress achieved by the Government in ensuring economic growth and large-scale economic projects being worked on by the Government's economic team.
Giorgi Cherkezishvili, the Secretary of the Investors' Council, provided information about the implementation of the decisions taken at the previous session, as well as about the dynamics of the Council's activities.
Clare Allbless, the Deputy Head of Mission at the British Embassy in Tbilisi, and Alkis Vryenios Drakinos, the Regional Director for the Caucasus at the European Bank for Reconstruction and Development, also joined the meeting.
Georgia’s economic growth, a draft law on fair trade that aims to reduce food and oil prices, and the development of countrywide spatial planning were discussed in a Government session led by Prime Minister Irakli Garibashvili on Friday.
Green economy development initiatives, opportunities and challenges of the mining industry, internationalisation of the Georgian education system, cooperation within the Black Sea platform and the development of the Middle Corridor transit route were discussed in a meeting of the Investors Council led by Prime Minister Irakli Garibashvili on Wednesday.
The European Commission on Wednesday issued the recommendation for the European Council to grant Georgia the European Union membership candidate status.
Prospects of investments in Georgia and solving existing challenges were discussed on Friday at a meeting of the Investors Council, chaired by the Georgian Prime Minister Irakli Garibashvili.
Georgian Finance Minister Lasha Khutsishvili on Wednesday said the Georgian Government continued the process of “further harmonisation” with European Union regulations and added the European Commission’s recommendation for the country to be granted the EU membership candidate status was “another proof” of the progress achieved within the domestic public finance management reform.
Pawel Herczynski, the European Union Ambassador to Georgia, on Tuesday said the bloc was "looking forward" to seeing improvements in conditions for doing business in Georgia.
Paweł Herczyński, the European Union Ambassador to Georgia, on Tuesday said the bloc was "looking forward" to seeing improvements in conditions for doing business in Georgia.